Inventory Management MCQs

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1. Safety stock + EOQ is equal to:

 
 
 
 

2. An order size that minimizes inventory ordering and carrying costs:

 
 
 
 
 

3. Which one of the following is not the ordering cost?

 
 
 
 

4. Which one of the following is not the carrying cost?

 
 
 
 

5. Extra inventory carried to serve as insurance against fluctuations in demand is called:

 
 
 
 
 

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